Hong Kong
SFC fines Enlighten Securities $5m over internal control failures
SFC fines Enlighten Securities $5m over internal control failures
ESL provided financial accommodation to margin clients with long-standing margin shortfalls.
Exports up 15.4% to $327.9b in February on Asia growth
Total exports to Vietnam more than doubled during the month.
Gov’t sets trial dates for three firms charged with conspiracy to defraud
The trial dates were fixed after all 19 defendants pleaded not guilty.
Classified Group narrows loss in FY 2024
It is mainly due to no write-down of the inventories to net realisable values.
More non-toy retailers use blind boxes to boost sales
Travel, food and beverage, and fashion can also benefit from a little bit of excitement.
Gov't to raise public accident, emergency fees to $400 in 2026
A new “co-payment model” will also be introduced.
China Resources Land posts $27.37b profit in 2024
Revenue also grew 11% YoY.
IRC cuts losses to $159.4m in 2024
Revenue for the year fell 12.6%.
Hong Kong faces risk of oversupply in HSK logistics pipeline: CBRE
CBRE flagged the risk of excess logistics and industrial space, particularly the planned 45 million sq ft allocation in HSK/HT.
Sunac China restructures offshore debt amidst market headwinds
It has appointed Houlihan Lokey Limited and Sidley Austin as financial and legal advisors.
Luxury brands flock to Lifestyle’s first mall tower in Kai Tak
The mall has achieved over 95% occupancy since its launch in November 2024.
CAD bans use of power banks during flights
Stowage of power banks in overhead compartments are also prohibited.
HKEX lists Asia's first single stock L&I products
Hong Kong's ETP market grew to a record market capitalisation of $463b in 2024.
CTF Life launches outpatient insurance for GBA travel
The plan utilises the medical network of The GBA Healthcare Group.
Prudential adopts NFC tech for faster client onboarding
The e-KYC will be integrated into PRUSubmit.
CITIC Telecom, Sangfor develop new cloud solution for enterprises
The new series will help drive enterprise digital transformation.
Gov't OKs 14 building plans in January
It spans across Hong Kong Island, Kowloon, and New Territories.
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Strategic location tips for playgroups and education centres